27 Grays LaneTannersvilleNY12485
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Tannersville at 27 Grays Lane, Tannersville, NY, 12485 offers $3,077/mo rent that, after a $2,496/mo payment. Total monthly income is $3,077/mo. Return on cash invested measures 17.71% in year one, and rental yield stands at 7.24% at a $510,000 entry. Equity gained on principal adds $3,291/yr while 5% annual appreciation compounds into $140,904 by year five. Five-year ROI records 91.68% and total cumulative return in cash reaches $153,831. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,077/mo property income versus a $2,496/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12485, Tannersville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 784 (100%) |
| Owner Occupied HU | 269 (34.3%) |
| Renter Occupied HU | 120 (15.3%) |
| Vacant Housing Units | 395 (50.4%) |
| Median Home Value | $376,316 |
| Average Home Value | $381,078 |
Housing Distribution
Address Breakdown
Residential
17
Single Family
17
Multi-Family
0
Businesses
101
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Listed by: Alexa Kwiatkowski • Greene Acres Real Estate & Man
Mls Name: HVCRMLS
Mls ID: #20255881